rimceo
Latest
Editorial: RIM's new CEO isn't the shakeup it needed
For a brief moment, I had hopes that RIM had made a move that would unseat it from the funk it's been sitting in for years. And then I watched the introductory video of newly-appointed CEO Thorsten Heins. Anyone who assumes that a simple CEO swap is the answer to all of RIM's issues is woefully misinformed, or worse, just blinded by false hope. Sure, removing Jim Balsillie and Mike Lazaridis -- both of which have been rightly criticized for not responding to market pressures quickly enough -- is a start, but it's not like they're gone. In fact, the two are still situated at a pretty fancy table within Research in Motion's organizational chart. RIM, we've been here before RIM seems to be as lost as my BlackBerry Dear RIM, I'm your customer and I don't wear a suitHave a listen at this: Mike is hanging around as the Vice Chair of RIM's Board and Chair of the Board's new Innovation Committee. You heard right -- the guy who has outrightly failed to innovate at anything in the past handful of years is now championing an innovation committee. Sounds right up his alley, no? Jim's staying put as an outright director, and if you think anyone at RIM is going to brush aside the input of the founders, you're wrong. Jim and Mike may have new titles, but they're still here, and I have no reason to believe that they'll act radically different going forward than they have in the past. Oh, and about Thorsten Heins? Let's go there.
RIM CEO claims we are staring 'down the barrel of a capacity crunch,' should all get BlackBerrys to prevent it
Capacity crunch, isn't that a breakfast cereal? RIM's Mike Lazaridis seems to have been a real grouch at MWC this week as apparently he hasn't stopped talking about the doom and gloom awaiting mobile carriers over the next few years. Focusing on the bandwidth-hungry North American market, Lazaridis has criticized the apparently irresponsible network saturation growth, which he sees as being primarily driven by app-centric operating systems. If you're wondering who he could possibly be referring to, let Mike clarify it -- according to him, you could carry five BlackBerry devices for each iPhone on a network. As evidence of his firm's focus on efficiency, he points us to that freshly demoed WebKit browser, which he claims uses a third of the bandwidth required by the competition from Apple and Google. If only he wasn't implying that owning a BlackBerry would save the internet, Mike's sales pitch would be rather compelling -- those are mighty impressive numbers he is citing.
RIM boots Balsillie as Chairman, but he remains co-CEO
It looks like RIM co-founder Jim Balsille is out as the company's chairman of the board, although he will remain on with RIM as co-CEO. The crackberry BlackBerry maker has had a little of a black eye recently (like many tech companies) with its handling of stock option accounting, which dates all the way back to 2004. As a result, RIM will have to lower its earnings by what seems like a nice chunk of change -- $250 million. Although we don't think RIM is going anywhere fast, its recent public missteps like this one have added to a long list of woes in recent years. Just promise us, RIM, that this isn't going to affect the release schedule for the 8820, mkay?
